China Trade - Highlight
24 March 2017
US President Donald Trump has vowed to make significant changes to US trade policy, and several developments since his inauguration on 20 January appear to be consistent with that pledge. Although Trump has looked increasingly pragmatic, he doesn’t hold back from China-bashing. In all likelihood, intensifying trade conflicts between the US and China are unavoidable, but a fully fledged trade war is less probable.
With its foreign-policy pivot towards China, the Philippines looks to have secured extensive mainland investment in its own ambitious infrastructure-redevelopment programme as part of President Xi Jinping's far-reaching Belt and Road Initiative.
In order to boost its economy and attract investment, Indonesia’s government is determined to overhaul the country’s essential infrastructure. With the country’s business environment becoming ever more vibrant, while its infrastructure shortcomings become less of a problem, innovative and visionary Hong Kong entrepreneurs – including those in the service sector – should prepare themselves for a whole new world of opportunities.